Welcome to the November issue of Sorbitol China News
Regarding company performance, three companies related to the sorbitol industry chain, Huakang Pharma, LMZ and Yunnan Baiyao, released their reports for Q3 2022.
As for the market dynamics, Qinhuangdao City is able to process 1.95 million t/a of corn, mainly producing corn starch, glucose and sorbitol. Lihua Starch is one of the leading companies in the city.
There are project updates: Jinyu Kangyuan launched a project to produce synthetic sorbitol and refined sorbitol; Qiakenao Food initiated a pastry production project using sorbitol as one of the raw materials.
In terms of company dynamics, CSRC gave feedback on Dencare's IPO application; Jiudian Hongyang's pharmaceutical-grade sorbitol was approved for CDE registration.
In the export market, in Sept. 2022, China exported a total of 14,658.71 tonnes of sorbitol to 48 countries and regions, amounting to USD11,359,072.
In this monthly report, the USD/CNY exchange rate is USD1.00=CNY7.2081 (Source: The People's Bank of China, 1 Nov., 2022). Unless otherwise stated, all prices involved in this report include VAT.
- Three companies related to sorbitol industry chain released Q3 reports
- Jinyu Kangyuan: EI report of pharmaceutical excipient & API project publicised
- Grain & Oil Food processing industry in Qinhuangdao City
- Pharmaceutical-grade sorbitol produced by Jiudian Pharmaceutical's subsidiary registered
- CSRC gives feedback on Dencare's IPO application
- Qiakenao Food to build pastry production line
- Analysis on China sorbitol exports in Sept. 2022
- China's ex-works prices of sorbitol, Nov. 2022


